Roundhill Ball Metaverse ETF (NYSEARCA:METV) Short Interest Update

Roundhill Ball Metaverse ETF (NYSEARCA:METV) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 180,924 shares, a growth of 1,881.9% from the January 29th total of 9,129 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 130,388 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 130,388 shares, the short-interest ratio is currently 1.4 days. Approximately 1.3% of the company’s stock are short sold.

Roundhill Ball Metaverse ETF Stock Performance

NYSEARCA:METV opened at $16.91 on Friday. The stock has a market cap of $240.97 million, a price-to-earnings ratio of 26.20 and a beta of 1.43. Roundhill Ball Metaverse ETF has a one year low of $11.43 and a one year high of $21.41. The business’s 50-day simple moving average is $18.18 and its 200 day simple moving average is $19.25.

Institutional Trading of Roundhill Ball Metaverse ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Leavell Investment Management Inc. increased its position in Roundhill Ball Metaverse ETF by 35.2% in the third quarter. Leavell Investment Management Inc. now owns 195,568 shares of the company’s stock worth $4,029,000 after buying an additional 50,868 shares during the period. GM Advisory Group LLC lifted its position in Roundhill Ball Metaverse ETF by 1.6% in the 4th quarter. GM Advisory Group LLC now owns 166,602 shares of the company’s stock valued at $3,129,000 after purchasing an additional 2,650 shares during the last quarter. Q3 Asset Management acquired a new position in Roundhill Ball Metaverse ETF during the 3rd quarter valued at about $1,045,000. JPMorgan Chase & Co. grew its position in Roundhill Ball Metaverse ETF by 2,778.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock worth $335,000 after purchasing an additional 15,698 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Roundhill Ball Metaverse ETF in the second quarter valued at approximately $244,000.

Roundhill Ball Metaverse ETF Company Profile

The Roundhill Ball Metaverse ETF (METV) is an exchange-traded fund that is based on the Ball Metaverse index. The fund is a passively-managed ETF investing in globally-listed equities spanning various industries, all relating to what it defines as a future iteration of the internet. Stocks are selected by a committee and weighted in tiers. METV was launched on Jun 30, 2021 and is managed by Roundhill.